IMF Managing Director Urges Support For Ukraine's Debt Relief Deal

IMF Managing Director Christine Lagarde

The International Monetary Fund on Thursday urged all investors holding Ukrainian Eurobonds to embrace a debt relief deal struck earlier in the day between Kiev and a committee of creditors.

"We welcome today's agreement," IMF Managing Director Christine Lagarde said in a statement, adding that the deal could help Kiev get its foreign debt load under control.

"It is therefore important that the agreement gains broad support by all concerned Eurobond holders," she said.

(Reporting by Tim Ahmann and Jason Lange; Editing by Susan Heavey)

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